Confluence Investment Management LLC grew its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 417,129 shares of the real estate investment trust’s stock after acquiring an additional 7,088 shares during the quarter. Confluence Investment Management LLC’s holdings in Digital Realty Trust were worth $47,511,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Carret Asset Management LLC increased its stake in shares of Digital Realty Trust by 1.0% in the 2nd quarter. Carret Asset Management LLC now owns 3,236 shares of the real estate investment trust’s stock worth $366,000 after acquiring an additional 31 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Digital Realty Trust by 0.5% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,870 shares of the real estate investment trust’s stock worth $1,341,000 after purchasing an additional 56 shares during the last quarter. Scotia Capital Inc. increased its position in shares of Digital Realty Trust by 1.7% during the 2nd quarter. Scotia Capital Inc. now owns 10,399 shares of the real estate investment trust’s stock worth $1,175,000 after purchasing an additional 170 shares during the last quarter. State of Tennessee Treasury Department increased its position in shares of Digital Realty Trust by 0.5% during the 2nd quarter. State of Tennessee Treasury Department now owns 43,700 shares of the real estate investment trust’s stock worth $4,936,000 after purchasing an additional 199 shares during the last quarter. Finally, Albion Financial Group UT increased its position in shares of Digital Realty Trust by 1.3% during the 2nd quarter. Albion Financial Group UT now owns 19,401 shares of the real estate investment trust’s stock worth $2,191,000 after purchasing an additional 255 shares during the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

DLR has been the subject of a number of recent analyst reports. SunTrust Banks reissued a “buy” rating and set a $140.00 price objective on shares of Digital Realty Trust in a research report on Thursday, October 12th. Zacks Investment Research raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a research report on Wednesday, October 11th. KeyCorp reissued a “buy” rating and set a $130.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, September 26th. ValuEngine raised Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, TheStreet downgraded Digital Realty Trust from a “b” rating to a “c+” rating in a research report on Monday, October 30th. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $125.21.

Shares of Digital Realty Trust, Inc. (NYSE DLR) traded up $1.15 during trading on Monday, reaching $114.15. The company had a trading volume of 832,600 shares, compared to its average volume of 1,280,000. Digital Realty Trust, Inc. has a 12 month low of $101.57 and a 12 month high of $127.23. The stock has a market cap of $23,450.00, a PE ratio of 92.80, a price-to-earnings-growth ratio of 2.29 and a beta of -0.09. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $1.11. Digital Realty Trust had a return on equity of 5.15% and a net margin of 11.71%. The company had revenue of $609.90 million during the quarter, compared to analysts’ expectations of $595.49 million. During the same period last year, the business posted $1.44 EPS. Digital Realty Trust’s revenue for the quarter was up 11.6% on a year-over-year basis. equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.1 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be issued a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Thursday, December 14th. Digital Realty Trust’s dividend payout ratio (DPR) is 302.44%.

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Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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